Crypt0p0tat0

Crypt0p0tat0

I adapted the Elliot wave according the last drop just down the neck of the H&S, as the 5th leg of the Elliot wave on the chart. The ABC correction wave has still to form before a more serious drop (down to 8900 area?). The support seems to hold strong, like it did back on the 17th and 23rd of January and we see a small bullish divergence on the MACD 15min. Might...

Crypt0p0tat0 Updated 

Hello guys, here is my frst analysis attempt, thanks for your feedback, what do you think? On the BTC USDT 4h we can extrapolate the possible formation of a head and shoulder pattern, confirming the reversal trend. The lower part of the right shoulder meets strong resistance through the EMA 50, 0,236 retracement, the lower line of the uptrend channel and the...